What is an INTERVAL FUND?

By Staff Reporters

***

An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead, the fund periodically offers to buy back a percentage of outstanding shares at net asset value (NAV). The rules for interval funds, along with the types of assets held, make this investment largely illiquid compared with other funds.

Related: https://medicalexecutivepost.com/2021/11/22/what-is-an-interval-mutual-fund/

MORE: https://www.investopedia.com/terms/i/intervalscheme.asp#:~:text=An%20interval%20fund%20is%20a%20type%20of%20pooled,time%2C%20or%20intervals%2C%20if%20the%20shareholder%20so%20chooses.

CLOSED FUND: https://medicalexecutivepost.com/2021/11/22/what-is-a-closed-end-mutual-fund/

***

***

COMMENTS APPRECIATED

Thank You

Subscribe to the Medical Executive-Post

***

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: